NUS is a ticker that I missed on  10.7.15,  It opened down 17% from the prior day close of $46.57. Usually when a stock gap down so significant, we know that it’s a major institution move.  The low for the day was $34.03, which give or take it held April 26,2010 swing high.  It was an area I charted earlier in the morning but never got to trade the stock due to other trades.   Like all my trades, I usually start analyzing major price levels on a larger time frame.  NUS monthly looks like a classic head and shoulders pattern with the neck line slightly breached.  It was an excellent short for a 5 point move down.  If you remember this ticket it had a major “news” the first week in Jan. where it came crashing down. Chinese stocks are always a cautious investments.  What ever the negative news was (most likely a “fake, or Ponzi” type company) It set the tone for the weeks proceeding.